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Hey BP'ersI am starting in REI via Turnkey route. I put an offer on the house in Cleveland. On Saturday I received the inspection report and few items made me think, WTF kind of TK job is this? Here are the items of c...
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Appliances, home warranty, lawn service, etc...
Hi just posing a scenario out there for buy and hold investors. If you have a private investor willing to put up all the funds for a buy and hold, how long of a mortgage would you prefer? In our example you're buying ...
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A few years ago, I bought the largest project I'd ever taken on. It was a fantastic 100+ year old Victorian home in a Historic district of Albuquerque. I was so excited to take this on. The city had condemned the p...
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Yes, the Toledo city council passed a new lead paint ordinance which will take effect in 365 days. This is not the end but only the beginning of the new ordinance which applies to rental SFH, 1-4 units and day cares a...
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We recently purchased a 6 unit building and are in the process of rehabbing it. Because it’s a very old building (more than 100 years), turned out there is more work needed than our initial scope. Most notably, it loo...
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I'm starting to feel like a jumped the gun a bit on signing the purchase contract. I just found our recently that the house is in a high risk flood zone and just took a large chunk of my returns. FYI the owner/agent f...
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Whew! After a hectic 3 weeks getting ready for my first ever sub2 purchase, we closed yesterday! I used) documents that a local lawyer put together for me. Took 3 hours of his time to put them together (8 pages of...
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So I'm moving forward with an eviction. This is my first. I went to the court and filed an unlawful detainer on Friday and am currently trying to locate my tenant so I can have her served. She ahs since moved out of m...
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Hey everyone!
I've been doing my due diligence before I start investing.
It seems as though most people want to find properties which main criteria being that the property has positive cash flow.
One book I've be...